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Nov 7, 2012
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and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just that. there are early signs. if it doesn't we have to go wac. >> believe that. >> you have got morning money to put together for tomorrow morning. what's your lead? does the inverse happen instead? >> no, i absolutely don't think that it happens instead. i think corporate america is well positioned to understand that this was going to happen. the one thing that we haven't talked about is the enthusiasm didn't materialize for a reason and that is because he was not a great candidate. mitt romney did not sell that to people. it did not work out. he was not the message bearer for that. >>> i jus
and perhaps reduces it a lot. >> what did we see in the california vote? americans are dying for higher taxes. >> it is the way america is headed. >> how does the affordable care act cut the deficit? i don't understand. >> it's very simple. there is absolutely no path to a sustainable budget deficit that doesn't reduce the growth of health care cost. no one who knows the fiscal accounts will disagree with that point. and the affordable care act is scored as doing just...
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Nov 1, 2012
11/12
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earnings in california. >> caller: from sunniville, calling about netflix. >> not too happy. here is my take. i think netflix is a sell sell sell. i think this is going to be a lot more like color rox where he called the top, not the bottom. clorox ha creeped up. let's go carlos in florida. >> caller: how you doing? >> very good. >> caller: very good. i have got bioreference laboratories. >> i have always liked the companies. very much beginning of the pick and shovel business. i think it should be bought this week. frank in maryland. >> caller: boo-yah, jim. i'm calling about hcbk. >> it's taken over. it's done. already done. let's go aaron in washington. aaron? >> caller: hi, jim. how you doing? >> okay. how about you? >> caller: you're my kind of crazy and i love your show. i know you don't like what i bought. i was wondering what you currently have views for. a high depth company and the possibility of a buy out with albertsons. >> i think that the company has tremendous source. it just has too much dead. if you refinance the debt you would do better. but i don't think yo
earnings in california. >> caller: from sunniville, calling about netflix. >> not too happy. here is my take. i think netflix is a sell sell sell. i think this is going to be a lot more like color rox where he called the top, not the bottom. clorox ha creeped up. let's go carlos in florida. >> caller: how you doing? >> very good. >> caller: very good. i have got bioreference laboratories. >> i have always liked the companies. very much beginning of the pick...
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Nov 15, 2012
11/12
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let's start with chang in california. >> caller: hey, bag booyah to you. >> thank you for calling, sir. >> caller: i have a question about ic pharmaceutical. crazy fast few days. you look at from now. >> down a lot. the type of thing -- look, you are buying a spec with icis. you take a look, dynavac technologies. we like the hepatitis vaccine. the government didn't like that. i think this is a curious overreaction. but it's a spec. you have to be careful. >>> let's go to dan in texas. >> caller: pch energy. >> down 16. mostly natural gas in ohio. if you watched the show, we told you it's mostly natural gas in ohio. i have been buying southwest, swn. why have i been buying southwestern energy? it's the pure nat gas play i want. i think it's going higher in 2013. >>> bill in south dakota. bill. >> caller: jim, my stock is american capital agency corp, agnc. there one is going to go down. why? maybe companies real estate investment trusts are worried about the taxation considerations, and we also have to worry about what the yield curve looks like and what they will do with fannie and fre
let's start with chang in california. >> caller: hey, bag booyah to you. >> thank you for calling, sir. >> caller: i have a question about ic pharmaceutical. crazy fast few days. you look at from now. >> down a lot. the type of thing -- look, you are buying a spec with icis. you take a look, dynavac technologies. we like the hepatitis vaccine. the government didn't like that. i think this is a curious overreaction. but it's a spec. you have to be careful. >>>...
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Nov 29, 2012
11/12
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how about michael in california, please? michael. >> caller: boo-yah to you, jim. with a solid dividend that pays monthly at almost a 16% yield, the current valuation a dollar benine book value, isn't a.r.r. a great value? >> you know what? i have thought it was. this is another one of those real estate mortgages reits, that i have somewhat been mystified about the price performance. someone asked about this on the street, and i said i think it should be doing better. i agree, i think it's an okay buy. john in oregon, please. >> caller: boo-yah, jimmy, how are you? >> boo-yah back at you. >> caller: residential 4078 builders, i bought in about six or eight months ago, i have about four of them right now. it seems like the market as flattened out as far as they're concerned. should i hang onto them or ring the bell? i was talking with the research director, a frequent contributor to "fast money." we both felt the say way, this is a pullback, a pullback in time. i want you holding on to them. i think they'll have a very good 2013. i would rather consolidate, mutual f
how about michael in california, please? michael. >> caller: boo-yah to you, jim. with a solid dividend that pays monthly at almost a 16% yield, the current valuation a dollar benine book value, isn't a.r.r. a great value? >> you know what? i have thought it was. this is another one of those real estate mortgages reits, that i have somewhat been mystified about the price performance. someone asked about this on the street, and i said i think it should be doing better. i agree, i...
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Nov 20, 2012
11/12
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david in california. david? >> caller: boo-yah dr. cramer. >> yo-yo. >> caller: thank you for everything you do to keep us informed. >> thank you. >> caller: thanks for being a role model with everything do you with your charitable trust as well. >> thank you. gave away a lot of money so far. thank you. >> caller: there you are. so i want to talk about osur. >> it's been a disaster since they came on. a disaster. i mean it's unbelievable. it's like the top of the stock when they came in. i don't know what to say. to me, it's too low. but it's been a disaster. let's go to cary in louisiana. >> caller: boo-yah, jim. >> what's up? >> caller: lng in my sight. i can't seem to make myself pull a trigger. >> i like the limited partnership more because i like that yield and they've been able to pay it. cqp is my favorite and preferred way to play that combination. let's go to charlie in new jersey. >> jim? i sold some heckman. i had a loss on it. i sold some cummins and bought abbott labs. am i going in the right direction? >> there was an ar
david in california. david? >> caller: boo-yah dr. cramer. >> yo-yo. >> caller: thank you for everything you do to keep us informed. >> thank you. >> caller: thanks for being a role model with everything do you with your charitable trust as well. >> thank you. gave away a lot of money so far. thank you. >> caller: there you are. so i want to talk about osur. >> it's been a disaster since they came on. a disaster. i mean it's unbelievable. it's...
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Nov 1, 2012
11/12
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>> yes, i think when the margins get to a given point, california was a good example, when prices get so high, and margins get so high, at a given point, you have to be brave enough to step back and worry about the next move being down. seasonally that would happen anyway, typically at this time of year, the main demand season being summer is over, we have easier gasoline regulations, the specifications goes to winter grade which is easier to make. it wasn't the most heroic call to go neutral. we did get this unfortunate and tragic additional issue with refining, which, of course, is the tragedy we've had over the past few days in the northeast. >> let's talk about one of the names on your coverage list. phillip 66 is one of the names we talked about yesterday morning. it looked like a fantastic quarter, the stock had a tremendous run. we're right around all time highs, to me, valuation is very reasonable here. does psx have room to run from 47 and a half? >> yeah, we love it. we think 'a good story. every independent refiner that you can own, and your marathon petroleums and holly fr
>> yes, i think when the margins get to a given point, california was a good example, when prices get so high, and margins get so high, at a given point, you have to be brave enough to step back and worry about the next move being down. seasonally that would happen anyway, typically at this time of year, the main demand season being summer is over, we have easier gasoline regulations, the specifications goes to winter grade which is easier to make. it wasn't the most heroic call to go...
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Nov 6, 2012
11/12
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state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are trying to rest control of the state here from the democrats to the gop. >> jane, they had vegas lines on some of these things. i think the early line called it for president obama i read that this morning? >> it is. but in terms of betting, it is illegal to bet on an election. that hasn't stopped these irish guys over seas for the online betting. one of them online has said that obama has won and started to pay. >> they said they have done crazy stuff for publicitpublici. and they can't get the $750 back if romney were to win. >> you could do intrade but that is like $6 a share. >> go put it on the table. >> and i th
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are...
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Nov 7, 2012
11/12
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the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to...
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Nov 2, 2012
11/12
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john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number of reservation cards. looks like there are well over 50 cards. they say they have 16, 32, and 43 gigabyte models in stock. it just got really crowded. lots of people coming in and getting minis. gene muenster of piper jaffray estimates over 1 million. maybe they'll put out a number next week. i haven't heard any word on that either way. >> all right, john. thanks so much. the ipad may be getting smaller, but the tablet space is becoming a big battleground. hewlett-packard no doubt one of the key players in the space. todd bradley joins me now to talk about that. thank you fo
john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number...
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Nov 2, 2012
11/12
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help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit today. staten island is where the new york marathon will start on sunday. more subway service returning to manhattan, but not below 42nd street where power is still out in wide parts of the city south of that parallel. city officials say they may have to evacuate the marine life from the massive new york city aquarium based in brooklyn. the death toll from the storm nearing the 100 mark. despite the damage in atlantic city, that town's famous casinos are open again and they are conflicting reports about when power will be restored in manhattan. hundreds
help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit...
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Nov 14, 2012
11/12
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california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's new jersey. it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but after looking at the books, he decided to walk away from a long-planned and much-needed project with new york and the federal government to build a rail tunnel into manhattan. it would have helped the economy and given employment to 6,000 construction workers. lots of jobs. >> yeah. i canceled it. i mean, listen, the bottom line is, i don't have the money. and you know what? i can't pay people for those jobs if i don't have the money to pay them. where am i getting the money? i don't have it. i literally don't have it. >> this is going on all over t
california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's new jersey. it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but...
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Nov 22, 2012
11/12
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. >> what's the average waiting time for someone in california waiting for a liver transplant? >> it's probably realistically three years, and it could be much longer. >> not for tadamasa goto, who got a liver in just six weeks. california attorney larry eisenberg finds that surprising, especially since goto was number 80 on the waiting list. >> it should not be possible that an unsavory character from out of the country with ties to organized crime comes into the united states and gets a priority and obtains a transplant. >> these two families, eisenberg's clients, both lost loved ones waiting for livers at another transplant center in the same area. salvador ceja was number two on the waiting list. john rader was number five. do you think, for one second, that this was legitimate, that they stood in line and waited just like your husband did? >> absolutely not. >> no? >> absolutely not. no, because nobody gets a liver that quickly. >> i think they were playing god. now i think they were picking and choosing whoever they wanted to give a liver to. >> so in your minds, what was
. >> what's the average waiting time for someone in california waiting for a liver transplant? >> it's probably realistically three years, and it could be much longer. >> not for tadamasa goto, who got a liver in just six weeks. california attorney larry eisenberg finds that surprising, especially since goto was number 80 on the waiting list. >> it should not be possible that an unsavory character from out of the country with ties to organized crime comes into the united...
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Nov 5, 2012
11/12
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even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average. we're also seeing futures prices down sharply just in the past month. important to keep your eye on all the different factors that go into the energy price. brent crude is up actually $2 today. middle east tensions out there. that could certainly change the price reaction. back to you. >> sharon, thank you very much. >>> looks like toy is a is back. profit rose nearly 600% from last year. sales jumped by 572,000 cars. just right here in the united states of america. phil lebeau joins us now. phil, were the numbers as good as they seemed on paper? >> absolutely. really the
even in california, which had record high gas prices just back in october. now they're looking at more than a 60-cent drop in the price of gasoline. that's certainly helping the overall national average. then of course, we're looking at demand destruction after hurricane san day. that's impacting as well. across the country, whether it is oklahoma or south carolina, missouri, all seeing very sharply lower prices. that's definitely translated into what we're seeing for the national average....
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Nov 28, 2012
11/12
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northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we go, it's going to be a huge winter and nothing. we're looking at the long range forecast right now, it's all warm for most of the country. there are no big snowstorms at least for two or three weeks. >> but we don't know overall. >> beyond that, it gets fuzzier. >> you can't do like bill murray and blow all that stuff over to colorado. 20 inches of rain. th
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it...
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Nov 6, 2012
11/12
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unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic states. only here when you look at north carolina and florida, those states are considered to be in play and ohio as well, of course, when you have a positive change and potentially those are swing states. tyler? >> bottom line here, we are a little short on time, the unemployed are no more fundamentally likely to favor one candidate than another? >> that's exactly right. >> very close. >> thought would be a huge swing one way or the other. >> people blame obama or say well, romney might be a little tougher on -- >> whichever way this goes, tyler, i think there's going to be a lot of monday morning quarterback
unemployment relative to the rest of the country, new york, new jersey, come here to this side here, california, going up even as other parts of the west goes somewhat higher than the rest of the nation, those are considered solidly blue. look here the middle of the country from oklahoma all the way to north dakota. virginia, low unemployment rate, 3 to 5%, that puts it in play the next thing is the change in unemployment, again, not much change here, what are considered mostly democratic...
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Nov 21, 2012
11/12
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all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. get 36 months interest-free financing through thanksgiving weekend at sleep train, and save $400, $500, up to $600 on beautyrest and posturepedic. even get 3 year
all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the...
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Nov 1, 2012
11/12
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california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the transmission system worldwide is upgraded so that when you have 6 million to 8 million people without power, they can call him. >> tomorrow on "squawk box," one final employment report before the presidential election, one last read on job before america votes for its nec leader. we'll bring you the numbers and analysis from our annal of experts. it all starts tomorrow at 6:00 p.m. eastern. on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is on
california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the...
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Nov 21, 2012
11/12
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certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen, california has its issues. locally we have our issues. there are income issues, there are increased taxes that i wouldn't necessarily want to have happen in the state, which did happen. but we have to address those. i think we've got positive momentum. i know we have positive momentum. so are we perfect? no. but california is growing at a much faster pace and a better pace than most of the united states. so i don't equate it to greece at all. >> mr. caruso, thank you for being with us and a happy thanksgiving to you. >> thanks you. >>> he's a billionaire, righ
certainly here in california we've had job growth. so i think in our world in southern california we're going to be in pretty good shape. but uncertainty is never good. i don't think there should be an option. >> mr. caruso, yesterday craig barrett, former ceo of intel, described california where you live and do a lot of business as america's version of greece because of the level of public expenditure and so forth. do you see it that way? >> no, i don't see it that way. listen,...
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Nov 8, 2012
11/12
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it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic data, weekly jobless claims, my favorite. they'll hit before the market opens. and on the earnings front, up ins are kohl's, wendy's, disney and groupon. european trade this morning has been a mixed session. we started out in the green and then we had losses. markets are clawing back adding half a percent for the xetra dax. ibex 35 is back in the green after being down as much as 0.6%. u.s. futures are trying to fight to the positive. if you take fair value into account, the dow jonesville average would be adding about a point at the open. not huge moves, but again, not a big
it will cut 30% of management jobs and will close factories in california. at&t says it plans to phase out its old fashioned telephone service. the company eventually wants to decommission the technology behind its deck i'ds old copper line network that currently covers 76 million homes and businesses. at&t will spend $14 billionoff three years to extend its internet based broadband service to 78% of its land line service area. and on the agenda in the u.s., we've got important economic...
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Nov 1, 2012
11/12
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people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put that up there and it's still up there. >> a nice tribute to an amazing man. that means we're going to watch you dance in the future. let's get a quick flash from bertha coombs. >> conway, the truck leasing company says it's too early to tell, but pre sandy on monday and tuesday, their volumes were down significantly and that is going to have an impact. 9 to 10% compared to same days in october last year. they're not sure how much they might see a pick-up following sandy as we see things start to pick-up and extra supplies start to come in. a lot of companies trying to sort that out. >> yes, gm saying they're still tryi
people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put...
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Nov 19, 2012
11/12
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places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democra
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the...
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Nov 6, 2012
11/12
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california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the obama camp. the one place you might want to look here, nevada, florida, north carolina and virginia. those are all potentially in play because they had some improvement in the unemployment rate and if that had not been there, they might have been for romney. i would like to give you a definitive answer. you have the level of unemployment and you have the change. that's what makes this a horse race, simon. >> it's fascinating to see that the way you slice and dice going into the election whether it's turnout or amazing. steve, thank you very much. as the race for the presiden
california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the...
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Nov 2, 2012
11/12
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conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of population density, power, the snow? i mean we're talking a very large part of the country. >> this is a very extraordinary situation. the density that we're facing and the enormity of this storm and the geographic area it's covered, new jersey, new york, upward through canada. our canadian offices are also mobilized and working on losses. this is something out of the worried. we are encouraged though that every hour of every day we are seeing small signs of progress. and as has been report you see great acts of heroism being performed by people each and every step of the way. we've seen not only belfor people p
conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of...
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Nov 5, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> just saw opening bell for monday, november 5th here at the big board. a military veteran forum for human resources being held. the food bank for new york city so obviously two groups very involved with hel
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing...
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Nov 5, 2012
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you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
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Nov 6, 2012
11/12
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i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an environment you don't stop hiring. in fact they have big open to buys. >> so what does affect those companies? what are they looking at beyond their own home base? >> i think the general environment will have an impact. i think that the tone of the top will have an impact. i think my personal feeling, the biggest impact for the kind of companies i'm in are what happens for advertising expenditures. i think advertising and advertising -- >> you talked about immigration policy as well. >> sorry, thank you, thank you. immigration policy is getting the kind of people, everyone is frustrated with the idea o
i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an...
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there's a reason san diego, california is the human genome capital of the world. same deal, public, private, foundations, people working together. ever since the tea party took over the republican party -- >> boo! >> ever since the tea party took over the republican party, they say it's my way or the highway, we're right all the time. they've beat the distinguished republican senator from indiana, richard luger, their most important foreign policy spokesperson because he was attacked by his opponent for cooperating with president obama on national security. they're nominee actually said, i couldn't make this up, that his happiest day was when he was imposing his opinion on someone else and he wanted the people to send him to washington, so that he could have more partisanship in washington, d.c. now if you want it, you can have it. the people of indiana don't want it, congressman joe donnelly his opponent was ahead by 11 points in the most recent polls, you're going to change that. but it will all be for naught if you reward him by not electing president obama. if
there's a reason san diego, california is the human genome capital of the world. same deal, public, private, foundations, people working together. ever since the tea party took over the republican party -- >> boo! >> ever since the tea party took over the republican party, they say it's my way or the highway, we're right all the time. they've beat the distinguished republican senator from indiana, richard luger, their most important foreign policy spokesperson because he was...
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>> well, we're from california, but came to ohio, california is kind of a safe state. we wanted to be where the action was, and it is very important to get every single voter out there. >> reporter: she is the lead veteran here. >> how long have you been doing this? >> oh, about 50 years. >> reporter: 50 years you have been volunteering for democrats? >> yes, if they don't have rides we're standing, ready to pick them up to carry them and put them right on the spot. wherever it is. >> reporter: on the other side of town, from the other side of the aisle, another group of ladies is burning up the phone lines for governor mitt romney, for mary mogan, sometimes her calls are a success. >> can we count on your vote for mitt? yes, that is what i want to hear, thank you so much. >> reporter: and sometimes, not so much. >> can we count on you for mitt romney? headli hello. i guess that is a no. >> reporter: across the table, one-month call newy says she is unempl unemployed, and hope that mitt romney will help her get back to work. >> i hear excitement on the other line, and
>> well, we're from california, but came to ohio, california is kind of a safe state. we wanted to be where the action was, and it is very important to get every single voter out there. >> reporter: she is the lead veteran here. >> how long have you been doing this? >> oh, about 50 years. >> reporter: 50 years you have been volunteering for democrats? >> yes, if they don't have rides we're standing, ready to pick them up to carry them and put them right on...
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Nov 11, 2012
11/12
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CNN
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california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have legalized small amounts of marijuana. >> i think the federal law can maintain but it shouldn't try to nullify reasonable state measures. i'm not saying the state can do anything they want, but the measures that have been adopted so far have been after vigorous deba debate. in fact. there's been a mann legalization that's been rejektded. we don't need some federal person to come in and tell us what to. do i believe commonty, decent respect. >> careful. you might sound like a republican with the states rights thing. >> there's a logic to it because i know of the
california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have...
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democrats are trying hard to unseat gop incumbents in blue states like california, new york, and illinois. and could see gains in maryland and florida. so why do these house races matter? members of congress will have to make big decisions in the coming months. chief among them, reaching a deal to avoid the so-called fiscal cliff, a series of tax increases and spending cuts set to take effect next year. >> the decisions confronting congress over the next four months are bigger than i think most of us have seen in our lifetime. at least on the fiscal matters. >> reporter: it's not just the fiscal cliff. >> most people think we need some fundamental tax
democrats are trying hard to unseat gop incumbents in blue states like california, new york, and illinois. and could see gains in maryland and florida. so why do these house races matter? members of congress will have to make big decisions in the coming months. chief among them, reaching a deal to avoid the so-called fiscal cliff, a series of tax increases and spending cuts set to take effect next year. >> the decisions confronting congress over the next four months are bigger than i...
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so from nevada, from california, texas, ohio. they come here to do exactly what they're doing, transport patients in situations like this, soledad. >> i was told by a friend who was in the hospital that the ambulance he was transported out of, she was taken out of nyu langone, she said, from ohio, and they were prepositioned before the storm by fema and felt it went really well. so nyu langone is actually right next to bellevue. they're right, very close to the water, a block from the water. i want to bring in, sanjay, dr. irwin redlener, he's a professor at columbia university, the school of public health there. you and i have talked a lot about hospitals in the wake of katrina. why do people put the power in the basement? it seems to me the first thing that's going to go in a flood or any kind of, not even a major a storm, but a minor storm, is your basement's going to flood. >> this has been a bit of a technological whack-a-mole here, because we realized after katrina, and even after the blackout of 2003, we had to do somethin
so from nevada, from california, texas, ohio. they come here to do exactly what they're doing, transport patients in situations like this, soledad. >> i was told by a friend who was in the hospital that the ambulance he was transported out of, she was taken out of nyu langone, she said, from ohio, and they were prepositioned before the storm by fema and felt it went really well. so nyu langone is actually right next to bellevue. they're right, very close to the water, a block from the...
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democrats are trying hard to unseat gop incumbents in blue states like california, new york and illinois and could see gains in maryland and florida. so why do these house races matter? members of congress will have to make big decisions in the coming months. chief among them, reaching a deal to avoid the so-called fiscal cliff, a series of tax increases and spending cuts set to take effect next year. >> the zoidecisions confronting congress over the next four months are bigger than most of us have seen in our lifetime, i think, on the fiscal will matters at least. >> reporter: athena jones,s cnn, washington. >> hurricane sandy changes the rules for election day. some voters will now cast their ballots by e-mail and fax. how d? dumb luck? or good decisions? ones i've made. ones we've all made. about marriage. children. money. about tomorrow. here's to good decisions. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. and the candidate's speech is in pieces all over the district. the wr
democrats are trying hard to unseat gop incumbents in blue states like california, new york and illinois and could see gains in maryland and florida. so why do these house races matter? members of congress will have to make big decisions in the coming months. chief among them, reaching a deal to avoid the so-called fiscal cliff, a series of tax increases and spending cuts set to take effect next year. >> the zoidecisions confronting congress over the next four months are bigger than most...
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california versus texas. illinois versus florida. you cut taxes you get more growth. you raise taxes you put people out of work and you bankrupt your state. >> we have you for the whole two hours so i want to get to a quick piece of president obama's op-ed because we already did governor romney's op-ed, i'll have you comment on it and then we're going to continue to chat about this all morning. he writes by the end of president clinton's second term our economy created 23 million new jobs, incomes rose, poverty fell, deficits became the biggest surplus in history. and what his point in part of this op-ed is if you look to the last democrat who he says he's shaping himself in that, in that image, if you will, you know, he was successful in that kind of a strategy. >>> the first two years of president clinton's administration weren't terribly interesting. the economy didn't do very well. however, in november of 1994, when the republicans won the house and the senate, all of a sudden, the stock market started going up, job creation started going up, we got a cut in the c
california versus texas. illinois versus florida. you cut taxes you get more growth. you raise taxes you put people out of work and you bankrupt your state. >> we have you for the whole two hours so i want to get to a quick piece of president obama's op-ed because we already did governor romney's op-ed, i'll have you comment on it and then we're going to continue to chat about this all morning. he writes by the end of president clinton's second term our economy created 23 million new...
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in palm springs, california, mary bono mack isn't giving up. she trails raul ruiz with all precincts reported. her husband, connie mack lost his bid for senate. republican congressman alan west is not conceding dough feet. he is dand iing a recount against challenger patrick murphy, who has a slim lead of less than 2,500 votes. that is more than what is needed to trigger an automatic recount. >>> hillary clinton will pay tribute to slain u.s. ambassador chris stevens at an awards ceremony tonight in washington. stevens was killed in the september attack on the u.s. consulate in benghazi, libya. honoring outstanding accomplishments in conflict, resolution and negotiation. >>> former arizona representative gabby giffords and husband mark kelly will be on hand in a tucson courtroom when the man who shot giffords receives his sentence. kelly is expected to read a statement during that hearing. 24-year-old jared lee laughner murder murdered six people. giffords and 12 others were wounded. he will be sentenced as part of a plea deal arranged in augus
in palm springs, california, mary bono mack isn't giving up. she trails raul ruiz with all precincts reported. her husband, connie mack lost his bid for senate. republican congressman alan west is not conceding dough feet. he is dand iing a recount against challenger patrick murphy, who has a slim lead of less than 2,500 votes. that is more than what is needed to trigger an automatic recount. >>> hillary clinton will pay tribute to slain u.s. ambassador chris stevens at an awards...
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Nov 10, 2012
11/12
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the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i think you will see a trend toward many, many more. i think, of course, we have to get the federal government to get unified with the states on it. how can the fed stop this? if one state after another legalizes it, they don't have the resources to shut it down. >> that was paul callen, i spoke to him earlier today for that legalization of the recreational use of marijuana. many small business owners were badly hit in the recession. what they hope the government will now do about the economy. try running four.ning a restaurant is hard, fortunately we'v
the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i...
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in palm springs, california, mary bono mack, she isn't giving up. she trails democrat areraul rui. >> so we're minding your business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the worst day of the year. more than 2% down. when i talk about the internals of the market, i'm talking about banks, insurers, cole companies, energy companies, they fell because, in fact, they think they're going to have higher costs. the markets think they're going to have higher costs in a second obama administration. you saw some obama care related stocks like hospitals up on the assumption that obama care is now secure. the internals showed us how investors in different sectors were reacting to a second obama presidency. but there were also concerns over europe and the fiscal cl
in palm springs, california, mary bono mack, she isn't giving up. she trails democrat areraul rui. >> so we're minding your business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the...
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. >>> california voters will consider a ballot measure that would abolish the state's death penalty. if proposition 34 goes through, more than 700 death row inmates would have their sentences commuted to life in prison without parole. >>> and with all the buzz about the romance between president obama and chris christie and the wake of superstorm sandy, you knew it would not take long for "saturday night live" to add their two cents. >> so i would like to give a sincere thanks to president obama for how he handled the situation on election day, i'm voting for mitt romney. but if i had to pick one guy to have my back in a crisis, it would be barack obama. he's been amazing. you know, so kind, such a leader, a tree inspiration. again, i'll be a good soldier, i'll vote for romney but i'm going to hate him, too. >> mitt romney also on the receiving end of some spoofing. we'll have that for you a little later this morning. much more ahead as a special edition of "early start" continues right now on cnn live from washington, d.c. >>> good morning, everybody. welcome to our special coverage
. >>> california voters will consider a ballot measure that would abolish the state's death penalty. if proposition 34 goes through, more than 700 death row inmates would have their sentences commuted to life in prison without parole. >>> and with all the buzz about the romance between president obama and chris christie and the wake of superstorm sandy, you knew it would not take long for "saturday night live" to add their two cents. >> so i would like to give...
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. >> i am currently in the fire fighting training with the california conservation corps. when you're holding this, just pull. >> close it. >> there is a lot of training. it is really good that they're doing this -- especially for veterans because it can be hard sometimes to find good jobs. played with the chainsaw. just kind of get associated a little more familiar with it. and then we practice laying hose from an engine which we hadn't done yet with actual water. >> that's what influences the wildland fires, right? >> it is mostly veterans it really easy for us -- a lot of us to click and just work together so the team work thing fell into place really well. i was an aviation hydraulics mechanic. i was stationed at camp pendleton and we deployed to afghanistan in 2010. it was a really bloody summer while we were there. we lost a couple of pilots. i saw a lot of bodies coming back. >> i was in the u.s. navy for four years and my job title was quarter master. we helped out with amphibious operations. we had a lot of marines on our boats. >> the fire is going to be on the l
. >> i am currently in the fire fighting training with the california conservation corps. when you're holding this, just pull. >> close it. >> there is a lot of training. it is really good that they're doing this -- especially for veterans because it can be hard sometimes to find good jobs. played with the chainsaw. just kind of get associated a little more familiar with it. and then we practice laying hose from an engine which we hadn't done yet with actual water. >>...
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Nov 10, 2012
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. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he returned fire. richard herman and new york criminal defense attorney law professor joins us from las vegas, richard, i'll start with you on this. what do you say to this? it is unbelievable. >> it is unbelievable, for 200, $300, anybody can file a lawsuit. and we see it every year, unbelievable cases, ninety-year-old man has his house broken into, gets tied up. the burglar is stealing in front of him, he breaks free, there is a shootout. he ends up shooting him three times. the assailant here gets convicted. prison term and sues because he was shot. >> yeah. >> believ
. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he...
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. >> reporter: it matters how california looks, it matters how nevada looks, matters how virginia looks. >> right. >> reporter: it is difficult for mitt romney to say this economy is in freefall. it is not. >> reporter: >> unemployment rates here is pretty -- good. 5.2%, one of the lowest in the country. the president won here by ten percentage points in the last election. my question here is why can't he lock it down right now? it's neck and neck. >> you know, though, we actually feel like we are locking it down. we have been lock it down for two years. >> i think he is selling something. i don't think it's locked down. >> reporter: we found plenty of iowans that aren't defensed by either campaign. >> fiscally i just don't see how we can sustain ourselves. i mean, europe right now, i mean, big huge great empires, countries and all that, that they're going bankrupt. it's going to be us. >> reporter: orthodontist chad moran plans to vote for romney, but didn't think his math udz up to erase the deficit. >> i don't think either side honestly really has a plan for going ahead. >> it become
. >> reporter: it matters how california looks, it matters how nevada looks, matters how virginia looks. >> right. >> reporter: it is difficult for mitt romney to say this economy is in freefall. it is not. >> reporter: >> unemployment rates here is pretty -- good. 5.2%, one of the lowest in the country. the president won here by ten percentage points in the last election. my question here is why can't he lock it down right now? it's neck and neck. >> you...
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. >> brianna keeler in hollywood, california. and we'll go back to hollywood, florida, when the president starts to speak. >>> all right, meantime republican mitt romney is conceding nothing to the president. earlier he spoke to voters in the democratic stronghold of cleveland, ohio. no republican candidate has ever won the white house without winning ohio. and romney expects to continue that streak. >> if you believe america should be on a better course or if you're tired of being tired, i ask you to vote for real change. paul ryan and i will bring real change to america from day one. when i'm elected the economy and american jobs will still be stagnant, but i won't waste any time complaining about my predecessor. >> this was the second of four events romney had scheduled for today. next up for the republican candidate is pennsylvania. so america has 50 states, but it's the key battleground state where is the race just might be decided come tuesday. right now cnn estimates that nine states shown here on the make or break states.
. >> brianna keeler in hollywood, california. and we'll go back to hollywood, florida, when the president starts to speak. >>> all right, meantime republican mitt romney is conceding nothing to the president. earlier he spoke to voters in the democratic stronghold of cleveland, ohio. no republican candidate has ever won the white house without winning ohio. and romney expects to continue that streak. >> if you believe america should be on a better course or if you're tired...